37420 River Springs RdAvenueMD20609
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Avenue at 37420 River Springs Rd, Avenue, MD, 20609 generates $3,175/mo in rent, after a $2,824/mo payment. Total monthly income is $3,175/mo. Return on cash invested sits at 17.45% in year one, and rental yield is 6.6% on a $577,000 entry. Equity gained on principal adds $3,723/yr, while 5% annual appreciation builds toward $159,414 over five years. Five-year ROI reaches 89.64% and total cumulative return in cash sums $170,175. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,175/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 20609, Avenue, MD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 520 (100%) |
| Owner Occupied HU | 412 (79.2%) |
| Renter Occupied HU | 61 (11.7%) |
| Vacant Housing Units | 47 ( 9.0%) |
| Median Home Value | $501,953 |
| Average Home Value | $581,244 |
Housing Distribution
Address Breakdown
Residential
441
Single Family
441
Multi-Family
0
Businesses
24
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